旷达科技集团股份有限公司 2017 年年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人沈介良、主管会计工作负责人陈乐乐及会计机构负责人(会计主管人员)吴娟 声明：保证年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本年度报告涉及未来计划等前瞻性陈述，不构成公司对投资者的实质承诺，敬请投资者 注意投资风险。 （1）宏观政策风险： 传统汽车政策方面，从 2018 年 1 月 1 日起，在我国购置 1.6 升及以下排量乘用车的车辆 购置税优惠取消、恢复为 10%的法定车辆购置税税率。新能源汽车政策方面，自 2018 年 1 月 1 日起至 2020 年 12 月 31 日，我国对购置的新能源汽车免征车辆购置税。2018 年 2 月 13 日，财政部发布了《关于调整完善新能源汽车推广应用财政补贴政策的通知》。从以往来看， 上述税收优惠及补贴政策的变化会直接影响当期国内的相关汽车销量，从而间接对公司的汽 车内饰产品销售产生一定影响 ...

旷达科技集团股份有限公司 2017 年第三季度报告正文 证券代码：002516 证券简称：旷达科技 公告编号：2017-057 旷达科技集团股份有限公司 旷达科技集团股份有限公司 2017 年第三季度报告正文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人沈介良、主管会计工作负责人陈乐乐及会计机构负责人(会计主 管人员)吴娟声明：保证季度报告中财务报表的真实、准确、完整。 2 旷达科技集团股份有限公司 2017 年第三季度报告正文 第二节 公司基本情况 一、主要会计数据和财务指标 2017 年第三季度报告正文 1 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 6,469,618,150.73 | 6,982,381,687.22 | | -7.34% | | 归属 ...

旷达科技集团股份有限公司 2017 年半年度报告全文 旷达科技集团股份有限公司 2017 年半年度报告 2017 年 08 月 1 旷达科技集团股份有限公司 2017 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、准确、 完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人沈介良、主管会计工作负责人陈乐乐及会计机构负责人(会计主管人员)吴娟 声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本报告中涉及未来计划或经营规划等前瞻性陈述的，均不构成公司对投资者的实质承诺， 投资者及相关人士均应对此保持足够的风险认识，并且应当理解计划、预测与承诺之间的差 异。敬请投资者注意投资风险。 上述提示未包括公司可能发生但未列示的其他风险，请投资者谨慎投资。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 | 第一节 | 重要提示、目录和释义 | | 2 | | --- | --- | --- | --- | | 第二节 | 公司简介和主要财务指标 | | 5 | ...

旷达科技集团股份有限公司 2017 年第一季度报告全文 旷达科技集团股份有限公司 2017 年第一季度报告 2017 年 04 月 1 旷达科技集团股份有限公司 2017 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人沈介良、主管会计工作负责人沈介良及会计机构负责人(会计主管人员)吴娟 声明：保证季度报告中财务报表的真实、准确、完整。 2 旷达科技集团股份有限公司 2017 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 535,611,666.23 | 432,632,925.68 | 23.80% | | 归属于上市公司股东的净利润（元） | 70,531,155. ...

旷达科技集团股份有限公司 2017 年第一季度报告正文 证券代码：002516 证券简称：旷达科技 公告编号：2017-022 旷达科技集团股份有限公司 2017 年第一季度报告正文 1 旷达科技集团股份有限公司 2017 年第一季度报告正文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人沈介良、主管会计工作负责人沈介良及会计机构负责人(会计主管人员)吴娟 声明：保证季度报告中财务报表的真实、准确、完整。 2 旷达科技集团股份有限公司 2017 年第一季度报告正文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 535,611,666.23 | 432,632,925.68 | 23.80% | | 归属于上 ...

旷达科技集团股份有限公司 2016 年年度报告全文 旷达科技集团股份有限公司 2016 年年度报告 2017 年 04 月 1 旷达科技集团股份有限公司 2016 年年度报告全文 第一节 重要提示、目录和释义 本公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实、准确、 完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人沈介良、主管会计工作负责人沈介良及会计机构负责人(会计主管人员)吴娟 声明：保证年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 1、宏观政策风险：汽车购车优惠税率等政策的变化，可能对国内汽车的销售产生一定影 响，并间接对公司的汽车内饰产品销售产生影响。另外，光伏电价补贴政策的出台和实施时 间的变化，可能会使公司发电补贴发放出现滞后，形成较大金额的应收账款。 2、经营风险：国内汽车行业竞争日趋激烈，整车降价压力传导至各个主要零部件产品， 对公司汽车内饰面料饰件产品的销售价格也构成较大的压力。同时，近年来国内人工成本持 续提升、2016 年化工原材料价格的大幅反弹，推升公司的生产经营成本，公司汽车内饰产品 的毛利 ...

旷达科技集团股份有限公司 2016 年第三季度报告全文 旷达科技集团股份有限公司 2016 年第三季度报告 2016 年 10 月 1 旷达科技集团股份有限公司 2016 年第三季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 除下列董事外，其他董事亲自出席了审议本次季报的董事会会议： | 未亲自出席董事姓名 | 未亲自出席董事职务 | 未亲自出席会议原因 | 被委托人姓名 | | --- | --- | --- | --- | | 赵凤高 | 独立董事 | 出差 | 刘榕 | 旷达科技集团股份有限公司 2016 年第三季度报告全文 第二节 主要财务数据及股东变化 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | | --- | --- | --- | --- | --- | --- | | 总资产（元） | 6,443,772,571.2 ...

旷达科技集团股份有限公司 2016 年第三季度报告正文 证券代码：002516 证券简称：旷达科技 公告编号：2016-079 旷达科技集团股份有限公司 2016 年第三季度报告正文 1 旷达科技集团股份有限公司 2016 年第三季度报告正文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 除下列董事外，其他董事亲自出席了审议本次季报的董事会会议： | 未亲自出席董事姓名 | 未亲自出席董事职务 | 未亲自出席会议原因 | 被委托人姓名 | | --- | --- | --- | --- | | 赵凤高 | 独立董事 | 出差 | 刘榕 | 单位：元 | 项目 | 年初至报告期期末金额 | 说明 | | --- | --- | --- | | 非流动资产处置损益（包括已计提资产减值准备的冲销部分） | 8,337.01 | | | 计入当期损益的政府补助（与企业业务密切相关，按照国家统 一标准定额或定量享受的政府补助除外） | 3,395,413.03 | | | 除上述各项之外的其他营业 ...

[Section I Important Notes, Table of Contents, and Definitions](index=2&type=section&id=Section%20I%20Important%20Notes%2C%20Table%20of%20Contents%2C%20and%20Definitions) [Important Notes](index=2&type=section&id=Important%20Notes) The company's board, supervisory board, and senior management guarantee the semi-annual report's truthfulness, accuracy, and completeness, with no plans for cash dividends or bonus shares - The company's board of directors, supervisory board, and senior management guarantee the truthfulness, accuracy, and completeness of the semi-annual report, free from false records, misleading statements, or major omissions[4](index=4&type=chunk) - The company plans not to distribute cash dividends, bonus shares, or convert capital reserves into share capital[6](index=6&type=chunk) - Shen Jieliang, the company's responsible person, Xu Qiu, the person in charge of accounting work, and Wu Juan, the head of the accounting department, declare that the financial report in this semi-annual report is true, accurate, and complete[6](index=6&type=chunk) [Table of Contents](index=3&type=section&id=Table%20of%20Contents) This section outlines the report's structure, covering important notes, company profile, financial data, board report, significant events, shareholding, preferred shares, management, financial statements, and reference documents [Definitions](index=4&type=section&id=Definitions) This section defines key terms used in the report, including "Kuangda Technology" and its main subsidiaries, clarifying their specific references - "Company, the Company, Kuangda Technology" refers to Kuangda Technology Group Co., Ltd[10](index=10&type=chunk) - "Kuangda Power" has been changed to "Kuangda New Energy Investment Co., Ltd"[10](index=10&type=chunk) [Section II Company Profile](index=5&type=section&id=Section%20II%20Company%20Profile) [1. Company Overview](index=5&type=section&id=1.%20Company%20Overview) Kuangda Technology Group Co., Ltd., with stock code 002516, is listed on the Shenzhen Stock Exchange, and its legal representative is Shen Jieliang Company Basic Information | Indicator | Content | | :--- | :--- | | Stock Abbreviation | Kuangda Technology | | Stock Code | 002516 | | Listed Stock Exchange | Shenzhen Stock Exchange | | Chinese Name | Kuangda Technology Group Co., Ltd. | | Legal Representative | Shen Jieliang | [2. Contact Persons and Information](index=5&type=section&id=2.%20Contact%20Persons%20and%20Information) The company's Board Secretary is Xu Qiu, and the Securities Affairs Representative is Chen Yan, both located at No. 1 Kuangda Road, Changzhou City - The Board Secretary is Xu Qiu, and the Securities Affairs Representative is Chen Yan[14](index=14&type=chunk) - Contact address: No. 1 Kuangda Road, Xueyan Town, Wujin District, Changzhou City, Jiangsu Province[14](index=14&type=chunk) [3. Other Information](index=5&type=section&id=3.%20Other%20Information) During the reporting period, the company's registered address, office address, website, email, and information disclosure details remained unchanged - The company's registered address, office address, website, and email remained unchanged during the reporting period[15](index=15&type=chunk) - Information disclosure and placement locations remained unchanged during the reporting period[16](index=16&type=chunk) - Registration status remained unchanged during the reporting period[17](index=17&type=chunk) [Section III Summary of Accounting Data and Financial Indicators](index=7&type=section&id=Section%20III%20Summary%20of%20Accounting%20Data%20and%20Financial%20Indicators) [1. Key Accounting Data and Financial Indicators](index=7&type=section&id=1.%20Key%20Accounting%20Data%20and%20Financial%20Indicators) In H1 2016, operating revenue grew 14.56% to 1.039 billion yuan, net profit attributable to shareholders increased 2.33% to 133 million yuan, and operating cash flow surged 279.78% to 115 million yuan 2016 Semi-Annual Key Accounting Data and Financial Indicators | Indicator | Current Period (yuan) | Prior Year Period (yuan) | Year-on-Year Change | | :--- | :--- | :--- | :--- | | Operating Revenue | 1,038,821,527.09 | 906,824,104.32 | 14.56% | | Net Profit Attributable to Listed Company Shareholders | 133,044,569.85 | 130,019,151.71 | 2.33% | | Net Profit Attributable to Listed Company Shareholders (Excluding Non-Recurring Gains/Losses) | 131,774,102.96 | 129,605,707.65 | 1.67% | | Net Cash Flow from Operating Activities | 114,703,528.27 | 30,202,364.60 | 279.78% | | Basic Earnings Per Share (yuan/share) | 0.1035 | 0.1028 | 0.68% | | Diluted Earnings Per Share (yuan/share) | 0.1030 | 0.1020 | 0.98% | | Weighted Average Return on Net Assets | 5.93% | 6.70% | -0.77% | | **Period-End Indicators** | **Current Period-End (yuan)** | **Prior Year-End (yuan)** | **Change** | | Total Assets | 6,498,475,253.31 | 6,545,644,063.14 | -0.72% | | Net Assets Attributable to Listed Company Shareholders | 2,286,135,642.47 | 2,126,901,528.47 | 7.49% | [2. Differences in Accounting Data under Domestic and Overseas Accounting Standards](index=7&type=section&id=2.%20Differences%20in%20Accounting%20Data%20under%20Domestic%20and%20Overseas%20Accounting%20Standards) The company reported no differences in net profit and net assets between financial reports prepared under domestic and overseas accounting standards during the reporting period - The company reported no differences in net profit and net assets between financial reports prepared under International Accounting Standards and those prepared under Chinese Accounting Standards during the reporting period[21](index=21&type=chunk) - The company reported no differences in net profit and net assets between financial reports prepared under overseas accounting standards and those prepared under Chinese Accounting Standards during the reporting period[22](index=22&type=chunk) [3. Non-Recurring Gains and Losses Items and Amounts](index=8&type=section&id=3.%20Non-Recurring%20Gains%20and%20Losses%20Items%20and%20Amounts) The company's non-recurring gains and losses for H1 2016 totaled 1.27 million yuan, primarily from government subsidies and asset disposals 2016 Semi-Annual Non-Recurring Gains and Losses Items and Amounts | Item | Amount (yuan) | Explanation | | :--- | :--- | :--- | | Disposal gains/losses on non-current assets (including the reversal of impairment provisions already made) | 10,284.56 | | | Government subsidies recognized in current profit or loss (excluding those closely related to the company's business and enjoyed at fixed or quantitative standards set by the state) | 1,287,198.02 | | | Other non-operating income and expenses apart from the above | 366,654.20 | | | Less: Income tax impact | 384,809.63 | | | Minority interest impact (after tax) | 8,860.26 | | | Total | 1,270,466.89 | -- | [Section IV Board of Directors' Report](index=9&type=section&id=Section%20IV%20Board%20of%20Directors'%20Report) [1. Overview](index=9&type=section&id=1.%20Overview) The company's fabric and power segments expanded, but performance lacked significant breakthroughs due to industry and policy factors, with strategic adjustments focusing on consolidation and development - The company's two major segments actively expanded and planned, but operating performance showed no significant breakthroughs due to industry and policy factors[28](index=28&type=chunk) - The fabric segment adjusted its organizational structure, optimized resource allocation, and actively expanded into railway and aviation seat fabrics[28](index=28&type=chunk) - The power division steadily expanded its photovoltaic power station installed capacity, planning to extend its power segment business, implement new energy business development and expansion, guided by the eight-character principle of 'consolidate, improve, develop, and adjust'[28](index=28&type=chunk) [2. Analysis of Main Business](index=9&type=section&id=2.%20Analysis%20of%20Main%20Business) In H1 2016, revenue grew 14.56% to 1.039 billion yuan, and net profit increased 2.33% to 133 million yuan, though underperformance was attributed to power curtailment and delayed energy subsidies - In the first half of 2016, the company achieved operating revenue of **1,038.82 million yuan**, a **14.56%** year-on-year increase; net profit attributable to shareholders was **133.04 million yuan**, a **2.33%** year-on-year increase[29](index=29&type=chunk) - Underperformance was mainly due to power curtailment in the new energy sector's photovoltaic power stations and increased bad debt provisions for receivables due to delayed national energy subsidy payments[29](index=29&type=chunk) Changes in Key Financial Data Year-on-Year | Indicator | Current Period (yuan) | Prior Year Period (yuan) | Year-on-Year Change | Reason for Change | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 1,038,821,527.09 | 906,824,104.32 | 14.56% | | | Operating Cost | 648,459,131.99 | 559,350,331.27 | 15.93% | | | Selling Expenses | 19,772,529.03 | 21,170,898.08 | -6.61% | | | Administrative Expenses | 99,190,012.20 | 104,440,512.90 | -5.03% | | | Financial Expenses | 69,850,642.10 | 48,239,484.41 | 44.80% | Primarily due to increased interest from increased financing in the current period | | Income Tax Expenses | 28,567,872.61 | 19,966,491.14 | 43.08% | Primarily due to increased deferred income tax assets in the current period | | R&D Investment | 14,482,800.75 | 15,543,965.85 | -6.83% | | | Net Cash Flow from Operating Activities | 114,703,528.27 | 30,202,364.60 | 279.78% | Primarily due to increased collection of payments and increased bill deposits in the current period | | Net Cash Flow from Investing Activities | -256,380,541.98 | -970,612,434.45 | -73.59% | Primarily due to no external investments and reduced fixed asset investments | | Net Cash Flow from Financing Activities | 118,589,250.33 | 1,010,009,167.72 | -88.26% | Primarily due to reduced net financing in the current period compared to the same period last year | | Net Increase in Cash and Cash Equivalents | -23,074,300.47 | 69,596,209.07 | -133.15% | Primarily due to reduced net financing in the current period compared to the same period last year | | Accounts Receivable | 900,147,788.09 | 673,437,853.03 | 33.66% | Primarily due to increased energy subsidy receivables | | Cash and Bank Balances | 521,387,609.21 | 804,138,468.92 | -35.16% | Primarily due to reduced bill deposits | | Construction in Progress | 39,558,226.71 | 473,638,212.36 | -91.65% | Primarily due to project completion | | Engineering Materials | 52,025,835.84 | 15,686,351.28 | 231.66% | Primarily due to increased power station material inventory | | Productive Biological Assets | 16,543,582.16 | 10,649,477.06 | 55.35% | Primarily due to expense capitalization | | Other Non-Current Assets | 70,041,891.74 | 155,627,030.30 | -54.99% | Primarily due to prepayment settlement | | Notes Payable | 372,519,779.42 | 600,408,657.56 | -37.96% | Primarily due to maturity of notes | | Advances from Customers | 3,252,247.85 | 106,415,114.66 | -96.94% | Primarily due to payment settlement | | Other Payables | 129,482,916.58 | 219,331,557.52 | -40.96% | Primarily due to reduced share incentive repurchase obligations | | Non-Current Liabilities Due Within One Year | 888,224,825.08 | 602,185,268.59 | 47.50% | Primarily due to increased long-term liabilities due within one year | | Long-Term Payables | 173,802,254.39 | 418,180,088.12 | -58.44% | Primarily due to increased liabilities due within one year | | Share Capital | 1,324,350,000.00 | 662,175,000.00 | 100.00% | Primarily due to profit distribution in the current period | | Capital Reserves | 129,654,618.95 | 709,204,932.71 | -81.72% | Primarily due to capital reserve conversion to share capital | | Treasury Stock | 95,710,755.00 | 138,588,400.00 | -30.94% | Primarily due to exercise of the first phase of equity incentives | | Asset Impairment Losses | 36,702,196.47 | 18,275,375.71 | 100.83% | Primarily due to increased bad debt provisions for receivables in the current period | | Non-Operating Expenses | 151,562.71 | 1,504,510.13 | -89.93% | Primarily due to reduced disposal of non-current assets in the current period | [3. Composition of Main Business](index=10&type=section&id=3.%20Composition%20of%20Main%20Business) The company's main businesses are automotive products and power, with automotive revenue up 4.40% and power revenue up 47.85%, while international business revenue surged 438.50% Composition of Main Business (by Industry) | By Industry | Operating Revenue (yuan) | Operating Cost (yuan) | Gross Margin | Operating Revenue Year-on-Year Change | Operating Cost Year-on-Year Change | Gross Margin Year-on-Year Change | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Automotive Products Industry | 672,280,383.91 | 441,016,035.37 | 34.40% | 4.40% | 3.40% | 0.64% | | Power Industry | 213,597,335.62 | 70,334,460.82 | 67.07% | 47.85% | 87.28% | -6.93% | | Other | 145,800,987.39 | 131,426,253.51 | 9.86% | 28.17% | 44.25% | -10.05% | Composition of Main Business (by Product) | By Product | Operating Revenue (yuan) | Operating Cost (yuan) | Gross Margin | Operating Revenue Year-on-Year Change | Operating Cost Year-on-Year Change | Gross Margin Year-on-Year Change | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Warp Knitting | 128,419,163.67 | 84,237,653.16 | 34.40% | 9.01% | 8.87% | 0.09% | | Weft Knitting | 56,109,051.08 | 28,452,390.74 | 49.29% | -9.72% | -21.88% | 7.89% | | Woven | 191,978,999.47 | 92,956,594.62 | 51.58% | -10.93% | -24.02% | 8.35% | | Chemical Fiber Yarn | 29,929,395.05 | 20,418,747.77 | 31.78% | 7.71% | -5.30% | 9.37% | | Seat Covers | 265,843,774.64 | 214,950,649.08 | 19.14% | 20.47% | 27.33% | -4.36% | | Power | 213,597,335.62 | 70,334,460.82 | 67.07% | 47.85% | 87.28% | -6.93% | | Other | 145,800,987.39 | 131,426,253.51 | 9.86% | 28.17% | 44.25% | -10.05% | Composition of Main Business (by Region) | By Region | Operating Revenue (yuan) | Operating Cost (yuan) | Gross Margin | Operating Revenue Year-on-Year Change | Operating Cost Year-on-Year Change | Gross Margin Year-on-Year Change | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Domestic | 1,023,081,333.83 | 635,771,588.50 | 37.86% | 13.60% | 14.84% | -0.67% | | International | 8,597,373.09 | 7,005,161.20 | 18.52% | 438.50% | 342.08% | 17.77% | [4. Analysis of Core Competitiveness](index=11&type=section&id=4.%20Analysis%20of%20Core%20Competitiveness) The company's core competitiveness remained stable, underpinned by a solid operational foundation, robust financial structure, and effective management, ensuring sustainable development - During the reporting period, the company's core competitiveness did not undergo significant changes[34](index=34&type=chunk) - The company relies on a solid operational foundation, stable financial structure, and sound operational management capabilities to continuously enhance its core competitiveness and ensure sustainable development[34](index=34&type=chunk) [5. Analysis of Investment Status](index=11&type=section&id=5.%20Analysis%20of%20Investment%20Status) The company's external equity investment increased by 13.19% to 500 million yuan, primarily in Kuangda New Energy, with no other financial investments or derivatives, and key subsidiaries remained profitable External Equity Investment | Indicator | Amount (yuan) | | :--- | :--- | | Investment Amount for the Reporting Period | 500,000,000.00 | | Investment Amount for the Prior Year Period | 441,748,600.00 | | Change Percentage | 13.19% | | Name of Investee Company | Kuangda New Energy Investment Co., Ltd. | | Listed Company's Equity Ratio in Investee Company | 100.00% | - The company did not hold equity in financial enterprises, engage in securities investment, wealth management, derivative investments, or entrusted loans during the reporting period[36](index=36&type=chunk)[37](index=37&type=chunk)[38](index=38&type=chunk)[39](index=39&type=chunk)[40](index=40&type=chunk)[41](index=41&type=chunk) Financial Status of Major Subsidiaries | Company Name | Registered Capital (ten thousand yuan) | Total Assets (yuan) | Net Assets (yuan) | Operating Revenue (yuan) | Operating Profit (yuan) | Net Profit (yuan) | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Kuangda Trim (Consolidated) | 20000 | 1,011,509,187.17 | 286,158,434.20 | 477,826,181.04 | 31,947,911.77 | 23,629,645.81 | | Kuangda New Energy (Consolidated) | 100000 | 4,362,273,630.28 | 1,208,742,663.79 | 213,597,335.62 | 51,846,832.67 | 52,949,899.12 | [6. Forecast of Operating Performance for January-September 2016](index=13&type=section&id=6.%20Forecast%20of%20Operating%20Performance%20for%20January-September%202016) The company projects a 10.00% to 40.00% increase in net profit attributable to shareholders for Q1-Q3 2016, ranging from 219 million yuan to 279 million yuan, driven by stable power generation and internal efficiency improvements Forecast of Operating Performance for January-September 2016 | Indicator | Range/Amount | | :--- | :--- | | Net Profit Attributable to Listed Company Shareholders Change Percentage | 10.00% to 40.00% | | Net Profit Attributable to Listed Company Shareholders Change Range (ten thousand yuan) | 21,919.33 to 27,897.32 | | Net Profit Attributable to Listed Company Shareholders for January-September 2015 (ten thousand yuan) | 19,926.66 | | Explanation of Performance Change | Power station generation was relatively stable and gradually increasing in the third quarter; internal organizational adjustments further reduced costs and increased efficiency | [7. Board of Directors' and Supervisory Board's Explanation on the Auditor's 'Non-Standard Audit Report' for the Current Period](index=13&type=section&id=7.%20Board%20of%20Directors'%20and%20Supervisory%20Board's%20Explanation%20on%20the%20Auditor's%20'Non-Standard%20Audit%20Report'%20for%20the%20Current%20Period) During the reporting period, the company did not receive a non-standard audit report from its accounting firm [8. Board of Directors' Explanation on Matters Related to the 'Non-Standard Audit Report' of the Previous Year](index=13&type=section&id=8.%20Board%20of%20Directors'%20Explanation%20on%20Matters%20Related%20to%20the%20'Non-Standard%20Audit%20Report'%20of%20the%20Previous%20Year) During the reporting period, the company had no explanation regarding matters related to the non-standard audit report of the previous year [9. Implementation of Profit Distribution During the Reporting Period](index=13&type=section&id=9.%20Implementation%20of%20Profit%20Distribution%20During%20the%20Reporting%20Period) The company completed its 2015 annual equity distribution on May 27, 2016, distributing bonus shares and cash, and converting capital reserves, with the policy fully compliant and protecting shareholder rights - The company's 2015 annual equity distribution plan was completed on **May 27, 2016**[47](index=47&type=chunk) - The distribution plan was: based on the company's total share capital of **662,175,000 shares**, distribute **1 bonus share** and **0.50 yuan** cash (tax inclusive) for every 10 shares to all shareholders; concurrently, convert capital reserves into **9 shares** for every 10 shares to all shareholders[47](index=47&type=chunk) - The cash dividend policy complies with the company's articles of association, with clear standards and ratios, complete decision-making procedures and mechanisms, and full protection of the legitimate rights and interests of small and medium shareholders[48](index=48&type=chunk) [10. Profit Distribution or Capital Reserve Conversion Plan for the Current Reporting Period](index=14&type=section&id=10.%20Profit%20Distribution%20or%20Capital%20Reserve%20Conversion%20Plan%20for%20the%20Current%20Reporting%20Period) The company plans not to distribute cash dividends, bonus shares, or convert capital reserves into share capital for the semi-annual period - The company plans not to distribute cash dividends, bonus shares, or convert capital reserves into share capital for the semi-annual period[49](index=49&type=chunk) [11. Registration Form for Research, Communication, Interview, and Other Activities During the Reporting Period](index=14&type=section&id=11.%20Registration%20Form%20for%20Research%2C%20Communication%2C%20Interview%2C%20and%20Other%20Activities%20During%20the%20Reporting%20Period) On March 4, 2016, the company hosted on-site research from various institutions, discussing agricultural-photovoltaic complementary planning and financing methods Research Activities Hosted During the Reporting Period | Reception Time | Reception Location | Reception Method | Type of Reception Object | Reception Object | Main Content Discussed and Materials Provided | | :--- | :--- | :--- | :--- | :--- | :--- | | 2016年03月04日 | Board Meeting Room | On-site Research | Institutions | Zheshang Securities, Haitong Securities, Guolian Securities, Shanghai Longquan Investment Sunshine Insurance, Gaozheng Venture Capital, Zhongxin Rongchuang Capital, Huabao Xingsheng Fund, Shanghai Zhier Investment | Agricultural-photovoltaic complementary planning; company financing methods | [Section V Significant Events](index=15&type=section&id=Section%20V%20Significant%20Events) [1. Corporate Governance Status](index=15&type=section&id=1.%20Corporate%20Governance%20Status) The company's corporate governance practices align with the "Company Law" and CSRC regulations, indicating a sound and compliant governance structure - The company's corporate governance practices are consistent with the requirements of the 'Company Law' and relevant regulations of the China Securities Regulatory Commission[53](index=53&type=chunk) [2. Litigation Matters](index=15&type=section&id=2.%20Litigation%20Matters) The company had no major litigation during the reporting period, but two minor cases involved a subsidiary suing customers for goods repayment, totaling 17.39 million yuan, both pending judgment - During this reporting period, the company had no significant litigation or arbitration matters[54](index=54&type=chunk) Other Litigation Matters | Basic Situation of Litigation (Arbitration) | Amount Involved (ten thousand yuan) | Whether Provision for Liabilities Formed | Progress of Litigation (Arbitration) | Outcome and Impact of Litigation (Arbitration) | Status of Litigation (Arbitration) Judgment Execution | | :--- | :--- | :--- | :--- | :--- | :--- | | Company subsidiary Kuangda Trading sued customer Changzhou Jiahua Concrete Co., Ltd. for repayment of goods, acceptance number: (2016) Su 0412 Minchu No. 2501 | 776.91 | No | Accepted | Not yet judged | Not yet judged | | Company subsidiary Kuangda Trading sued customer Changzhou Lianzhong Concrete Co., Ltd. for repayment of goods, acceptance number: (2016) Su 0412 Minchu No. 4520 | 962.36 | No | Accepted | Not yet judged | Not yet judged | [3. Media Scrutiny](index=15&type=section&id=3.%20Media%20Scrutiny) During the reporting period, the company did not experience widespread media scrutiny - During this reporting period, the company did not experience widespread media scrutiny[55](index=55&type=chunk) [4. Bankruptcy and Reorganization Matters](index=15&type=section&id=4.%20Bankruptcy%20and%20Reorganization%20Matters) During the reporting period, the company did not experience any bankruptcy and reorganization matters - The company did not experience any bankruptcy and reorganization matters during the reporting period[56](index=56&type=chunk) [5. Asset Transaction Matters](index=15&type=section&id=5.%20Asset%20Transaction%20Matters) The company did not acquire or dispose of assets but established new subsidiaries to restructure its fabric division and develop photovoltaic projects - The company did not acquire assets during the reporting period[57](index=57&type=chunk) - The company did not dispose of assets during the reporting period[58](index=58&type=chunk) - Kuangda Trim established Kuangda Fiber Technology Co., Ltd., Changzhou Kuangda Weaving Fabric Co., Ltd., and Changzhou Kuangda Knitting Textile Co., Ltd., becoming second-tier wholly-owned subsidiaries of the company[59](index=59&type=chunk) - Kuangda New Energy established Fuxin Kuangda Photovoltaic Power Co., Ltd., becoming a second-tier wholly-owned subsidiary of the company, for the development, investment, construction, and operation management of solar photovoltaic power station projects[59](index=59&type=chunk) [6. Implementation and Impact of the Company's Equity Incentive Plan](index=16&type=section&id=6.%20Implementation%20and%20Impact%20of%20the%20Company's%20Equity%20Incentive%20Plan) The first unlocking period for the restricted stock incentive plan was completed, with 115 incentive recipients' shares listed on May 16, 2016, having no financial impact - The unlocking conditions for the first unlocking period of the company's restricted stock incentive plan have been met, and the unlocking process for **115 incentive recipients** has been approved[60](index=60&type=chunk) - The unlocked shares were listed for trading on **May 16, 2016**[60](index=60&type=chunk) - The unlocking of the aforementioned restricted shares has no impact on the company's financial position and operating results during the reporting period or in the future[60](index=60&type=chunk) [7. Significant Related Party Transactions](index=16&type=section&id=7.%20Significant%20Related%20Party%20Transactions) The company engaged in ordinary related party transactions, including purchasing materials and leasing properties from entities controlled by the actual controller or his relatives, with no asset acquisition/disposal or non-operating related party debt Related Party Transactions Related to Ordinary Operations | Related Party | Related Party Transaction Content | Pricing Principle | Related Party Transaction Price | Related Party Transaction Amount (ten thousand yuan) | Percentage of Similar Transactions | Approved Transaction Limit (ten thousand yuan) | Exceeded Approved Limit | Related Party Settlement Method | Market Price for Similar Transactions | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Jiangsu Kuangji Automotive Accessories Co., Ltd. | Purchase of Goods: Base Fabric | Market Price | Market Price | 905.58 | 5.11% | 2,700 | No | Acceptance Bill | Consistent with related party transaction price | | Jiangsu Lianghua Sponge Co., Ltd. | Purchase of Goods: Sponge | Market Price | Market Price | 127.1 | 1.50% | 1,500 | No | Acceptance Bill | Consistent with related party transaction price | | Jiangsu Kuangji Automotive Accessories Co., Ltd. | Sale of Goods: Claim | Market Price | Material Claim | 0.34 | | | No | Acceptance Bill | Not applicable | | Shen Jieliang | Property Lease: Property Lease | Market Price | Below Market Price | 28.57 | 100.00% | 28.57 | No | Bank Transfer | Not applicable | | Shen Jieliang | Property Lease: Property Lease | Market Price | Below Market Price | 4.32 | 100.00% | 4.32 | No | Bank Transfer | Not applicable | | Total | | -- | -- | 1,065.91 | -- | 4,232.89 | -- | -- | -- | - The company did not engage in related party transactions involving asset acquisition or disposal during the reporting period[63](index=63&type=chunk) - The company had no non-operating related party receivables or payables during the reporting period[65](index=65&type=chunk) [8. Significant Contracts and Their Performance](index=17&type=section&id=8.%20Significant%20Contracts%20and%20Their%20Performance) The company had no entrustment arrangements but held numerous long-term land lease contracts for photovoltaic projects, engaged in sale-and-leaseback financing, and provided extensive guarantees for subsidiaries, totaling 100.78% of net assets - The company had no entrustment arrangements during the reporting period[67](index=67&type=chunk) Summary of Lease Contracts | No. | Lessee | Lessor | Location | Leased Area (mu) | Lease Term | Total Price (ten thousand yuan) | Payment Method | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | 1 | Balin Left Banner Kuangda | Balin Left Banner Biliutai Town Biliutai Village Committee | Land in Biliutai Village, Biliutai Town, Balin Left Banner | 4,824.99 | 2014.12-2044.12 | 1,531.10 | Annual land rent and management fees paid once after obtaining autonomous region approval, then annually in Q1. Dry land requires one-time payment of contract fees | | 2 | Shidian Kuangda | Shidian County Heyuan Township People's Government | Forest land and land in Dapojiao Village Committee, Dapojiao Villagers' Group, Xiaopojiao I & II Villagers' Group, and Dazhaimen Village Committee, Xiangsahan Villagers' Group, Heyuan Township, Shidian County | 858.63 | 2015.4-2078.4 | 623.51 | One-time payment within 10 days after contract signing | | 3 | Heze Longxing | Wenshangji Town, Chengwu County, Shandong Province | West Dongkou Secondary Road East, Zhangyang Community, Wenshangji Town, Chengwu County, Shandong Province | 560.00 | 2015.4-2040.4 | 1,680.00 | Paid every five years | | 4 | Shidian Guoxin | Shidian County People's Government | Mugua Mountain, Yangjia Mountain, Huangjiafen Land and Forest Land in Bingdou Village, Shuichang Township, Shidian County | 850.00 | 2014.1-2039.12 | 1,027.00 | Paid annually between December 25-31, settled every 2 years | | 5 | Shuyang Guoxin | Shuyang County Water Resources Bureau | Chaiyi River Embankment | 843.40 | 2013.1-2039.1 | 877.14 | Annual rent paid by January 10 each year | | 6 | Tonghai Kuangda | Tonghai County Hexi Town People's Government | Dapingdi Forest Land, Hexi Town, Tonghai County | 871.00 | 2015.5-2041.5 | 1,132.91 | 5 years' rent paid by January 10 each year | | 7 | Yulin Kuangda | Jinjitan Town Liushutan Village Committee, Yuyang District, Yulin City | Land and Forest Land in Liushutan Village, Jinjitan Town, Yuyang District, Yulin City | 5,000.00 | 2015.9-2041.9 | | | | 8 | Xuanhua Kuangda | Dabaozi Village Committee, Gujiaying Town, Xuanhua County | Dabaozi Village Committee, Gujiaying Town, Xuanhua County | 1,795.11 | 2015.9-2041.9 | 2,453.92 | Annual rent paid after agreement takes effect, then by September 30 each year | | 9 | Xinsheng Optoelectronics | Beixinaile Gacha Committee, Shebotu Town, Kezuozhong Banner | West Grassland of Beixinaile Gacha Committee Village | 4,600.00 | 2014.7-2039.7 | 553.30 | Paid in full after agreement takes effect | | 10 | Xinzhou Taike | Xinding Farm, Xinzhou City, Shanxi Province | Xinding Farm, Xinzhou City, Shanxi Province | 1,746.50 | 2014.10-2034.9 | 4,501.90 | Paid in 5 installments, settled every 2, 3, 5, 5, 5, 6 years | | 11 | Guoguang Agriculture and Animal Husbandry Lease | Erbattai Farm, Kuqa County | Erbattai Farm, Kuqa County | 8,000.00 | 2011.5.-2061.5 | 1,800.00 | Free for years 1-5, 30 yuan for years 6-30, 60 yuan for years 31-40, 90 yuan for years 41-50 | | 12 | Guoguang Agriculture and Animal Husbandry Contract | Erbattai Farm, Kuqa County | 2 km southwest of Erbattai Farm Team 5 | 5,000.00 | 2009.3.28-2079.3.28 | 975.00 | Contract fees start being paid in 2015 | - The company obtained multiple loans through sale-and-leaseback contracts, involving Far East Horizon, China Construction Investment Leasing, Aerospace Financial Leasing, Huaneng Tiancheng Financial Leasing, and Yingda Huitong Financial Leasing[71](index=71&type=chunk)[72](index=72&type=chunk) Company Guarantee Total Amount | Indicator | Amount (ten thousand yuan) | | :--- | :--- | | Total Approved Guarantee Amount for the Reporting Period | 120,000 | | Total Actual Guarantee Amount for the Reporting Period | 27,656.18 | | Total Approved Guarantee Amount at Period-End | 653,500 | | Total Actual Guarantee Balance at Period-End | 230,389.4 | | Ratio of Total Actual Guarantee to Company Net Assets | 100.78% | | Of which: Debt Guarantee Amount for Guaranteed Entities with Debt-to-Asset Ratio Exceeding 70% | 109,601.04 | | Amount of Guarantee Exceeding 50% of Net Assets | 6,481.58 | | Total of the Above Three Guarantee Amounts | 116,082.62 | - The company had no other significant contracts or transactions during the reporting period[79](index=79&type=chunk)[80](index=80&type=chunk) [9. Commitments Made by the Company or Shareholders Holding 5% or More of Shares During or Prior to the Reporting Period and Continuing into the Reporting Period](index=21&type=section&id=9.%20Commitments%20Made%20by%20the%20Company%20or%20Shareholders%20Holding%205%25%20or%20More%20of%20Shares%20During%20or%20Prior%20to%20the%20Reporting%20Period%20and%20Continuing%20into%20the%20Reporting%20Period) The actual controller, Shen Jieliang, and his concerted parties have ongoing commitments, including non-competition, non-reduction of shareholdings (completed for H1 2016), employee loss compensation, and pledges against interfering with company operations or infringing on interests Summary of Commitments | Commitment Event | Promisor | Commitment Content | Commitment Date | Commitment Period | Fulfillment Status | | :--- | :--- | :--- | :--- | :--- | :--- | | Commitments Made During Initial Public Offering or Refinancing | Shen Jieliang | Not to directly or indirectly engage in businesses identical, similar, or competitive with the joint-stock company in any way, not to invest in competing companies, and not to provide proprietary technology or trade secrets | 2010年03月08日 | Long-term | Ongoing | | Other Commitments Made to Small and Medium Shareholders of the Company | Shen Jieliang and his concerted party Kuangda Holding Group Co., Ltd. | Committed not to reduce their shareholdings from January 1, 2016, to June 30, 2016 | 2015年12月17日 | 6 months | Completed | | Other Commitments Made to Small and Medium Shareholders of the Company | Shen Jieliang | Committed that if company employees and employees of wholly-owned subsidiaries, sub-subsidiaries, branches, and controlled subsidiaries purchase Kuangda Technology shares through the secondary market between January 18, 2016, and January 22, 2016, and hold them continuously for more than 12 months while employed, any losses incurred from such share purchases will be fully compensated by him; he or his concerted parties will increase their shareholding in the company by no less than 500,000 shares and commit not to reduce their holdings within six months after the increase | 2016年01月18日 | 6 months | Ongoing | | Other Commitments Made to Small and Medium Shareholders of the Company | Shen Jieliang | Committed not to overstep authority in company operations, not to infringe on company interests, to constrain job-related consumption, not to use company assets for investments or consumption unrelated to duties, to link compensation system with return-filling measures, and to link equity incentive exercise conditions with return-filling measures | 2016年02月24日 | | Ongoing | | Other Commitments Made to Small and Medium Shareholders of the Company | Company Directors, Supervisors, and Senior Management | Committed not to overstep authority in company operations, not to infringe on company interests, to constrain job-related consumption, not to use company assets for investments or consumption unrelated to duties, to link compensation system with return-filling measures, and to link equity incentive exercise conditions with return-filling measures | 2016年02月24日 | | Ongoing | | Other Commitments Made to Small and Medium Shareholders of the Company | Shen Jieliang and his concerted party Jiangsu Kuangda Venture Capital Co., Ltd. | Committed not to reduce their holdings of Kuangda Technology shares during the period of increasing shareholding and within 12 months after completing the increase, to comply with relevant regulations, not to engage in insider trading, trading during sensitive periods, short-swing trading, and not to exceed planned share increases | 2016年02月26日 | 12 months | Ongoing | | Other Commitments Made to Small and Medium Shareholders of the Company | Jiangsu Kuangda Venture Capital Co., Ltd. | Committed that there were no reductions in Kuangda Technology shares from six months before the initial pricing base date of this non-public offering to the date of this commitment letter; and not to reduce their holdings of Kuangda Technology shares from the date of this commitment letter to six months after the completion of this non-public offering | 2016年03月14日 | | Ongoing | [10. Appointment and Dismissal of Accounting Firms](index=23&type=section&id=10.%20Appointment%20and%20Dismissal%20of%20Accounting%20Firms) The company's semi-annual financial report was not audited - The company's semi-annual report was not audited[83](index=83&type=chunk) [11. Penalties and Rectification](index=23&type=section&id=11.%20Penalties%20and%20Rectification) During the reporting period, the company had no penalties or rectification matters - The company had no penalties or rectification matters during the reporting period[84](index=84&type=chunk) [12. Explanation of Other Significant Matters](index=23&type=section&id=12.%20Explanation%20of%20Other%20Significant%20Matters) The company's non-public offering of up to 219 million shares was approved by the CSRC, and due to fabric division restructuring, a 25% income tax rate is applied prudently amid high-tech enterprise tax uncertainty - The company's application for a non-public offering of A-shares has been approved by the China Securities Regulatory Commission, authorizing the issuance of no more than **219,101,123 new shares**[85](index=85&type=chunk) - Due to the organizational restructuring of the fabric division, there is uncertainty regarding the application of the high-tech enterprise income tax preferential rate, and the company currently applies a **25% tax rate** based on prudence[86](index=86&type=chunk) [13. Corporate Bonds Related Matters](index=23&type=section&id=13.%20Corporate%20Bonds%20Related%20Matters) During the reporting period, the company had no publicly issued and listed corporate bonds that were not due or fully redeemed - During the reporting period, the company had no corporate bonds publicly issued and listed on a stock exchange that were not due or fully redeemed by the approval date of the semi-annual report[87](index=87&type=chunk) [Section VI Share Changes and Shareholder Information](index=24&type=section&id=Section%20VI%20Share%20Changes%20and%20Shareholder%20Information) [1. Share Change Status](index=24&type=section&id=1.%20Share%20Change%20Status) The company's total share capital increased from 662 million to 1.324 billion shares due to the 2015 equity distribution, including bonus shares and capital reserve conversion, with 11.1525 million restricted shares also unlocked Share Change Status | Category | Quantity Before Change (shares) | Percentage Before Change | Increase/Decrease in Current Change (＋, －) | Quantity After Change (shares) | Percentage After Change | | :--- | :--- | :--- | :--- | :--- | :--- | | I. Restricted Shares | 389,930,423 | 58.89% | 389,909,633 | 779,840,056 | 58.88% | | Of which: Shares held by domestic legal persons | 9,844,660 | 1.49% | 30,341,372 | 40,186,032 | 3.03% | | Shares held by domestic natural persons | 380,085,763 | 57.40% | 53,832,500 | 739,654,024 | 55.85% | | II. Unrestricted Shares | 272,244,577 | 41.11% | 272,265,367 | 544,509,944 | 41.12% | | Of which: RMB Ordinary Shares | 272,244,577 | 41.11% | 272,265,367 | 544,509,944 | 41.12% | | III. Total Shares | 662,175,000 | 100.00% | 662,175,000 | 1,324,350,000 | 100.00% | - According to the company's 'Restricted Stock Incentive Plan (Draft)', the first phase of restricted stock met the unlocking conditions, with an unlocked quantity of **11,152,500 shares**, listed for trading on **May 16, 2016**[89](index=89&type=chunk) - The company's 2015 annual general meeting approved the 2015 annual equity distribution plan: based on the company's total share capital of **662,175,000 shares**, distribute **1 bonus share** and **0.50 yuan** cash (tax inclusive) for every 10 shares to all shareholders; concurrently, convert capital reserves into **9 shares** for every 10 shares to all shareholders, completed on **May 27, 2016**[90](index=90&type=chunk) [2. Number of Shareholders and Shareholding Status](index=25&type=section&id=2.%20Number%20of%20Shareholders%20and%20Shareholding%20Status) As of the reporting period, the company had 58,202 common shareholders, with actual controller Shen Jieliang holding 51.79% (686 million shares), of which 356 million shares were pledged - Total number of common shareholders at the end of the reporting period: **58,202**[95](index=95&type=chunk) Shareholding Status of Common Shareholders Holding 5% or More or Top 10 Common Shareholders | Shareholder Name | Shareholder Nature | Shareholding Percentage | Number of Common Shares Held at Period-End | Change in Current Period | Number of Restricted Common Shares Held | Number of Unrestricted Common Shares Held | Pledge or Freeze Status Share Status | Quantity | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Shen Jieliang | Domestic Natural Person | 51.79% | 685,821,524 | | 685,821,524 | 0 | Pledged | 356,000,000 | | Kuangda Holding Group Co., Ltd. | Domestic Non-State-Owned Legal Person | 1.64% | 21,669,320 | +1,980,000 | 21,669,320 | 0 | | | | Jiangsu Kuangda Venture Capital Co., Ltd. | Domestic Non-State-Owned Legal Person | 1.40% | 18,516,712 | +18,516,712 | 18,516,712 | 0 | | | | Central Huijin Asset Management Co., Ltd. | State-Owned Legal Person | 1.03% | 13,605,000 | | 0 | 13,605,000 | | | | Qian Kaiming | Domestic Natural Person | 0.90% | 11,930,000 | +20,000 | 8,947,500 | 2,982,500 | | | | Industrial and Commercial Bank of China Co., Ltd. - Harvest Event Driven Stock Investment Fund | Domestic Non-State-Owned Legal Person | 0.84% | 11,079,090 | | 0 | 11,079,090 | | | | Liang Bingrong | Domestic Natural Person | 0.42% | 5,501,204 | 0 | 5,501,204 | | | | | GF Securities Co., Ltd. Agreed Repurchase Special Account | Domestic Non-State-Owned Legal Person | 0.38% | 5,000,000 | 0 | 5,000,000 | | | | | Xu Jianguo | Domestic Natural Person | 0.34% | 4,540,000 | | 3,405,000 | 1,135,000 | | | | Ma Shuihua | Domestic Natural Person | 0.33% | 4,318,300 | 0 | 4,318,300 | | | | - Company shareholder Kuangda Holding Group Co., Ltd. held **1,980,000 shares** through a regular securities account and **19,689,320 shares** through CITIC Securities Co., Ltd.'s client credit trading guarantee securities account, totaling **21,669,320 shares**, representing **1.64%** of the company's total share capital[96](index=96&type=chunk) [3. Changes in Controlling Shareholder or Actual Controller](index=27&type=section&id=3.%20Changes%20in%20Controlling%20Shareholder%20or%20Actual%20Controller) During the reporting period, there were no changes in the company's controlling shareholder or actual controller - The company's controlling shareholder did not change during the reporting period[97](index=97&type=chunk) - The company's actual controller did not change during the reporting period[97](index=97&type=chunk) [Section VII Preferred Shares Related Matters](index=28&type=section&id=Section%20VII%20Preferred%20Shares%20Related%20Matters) During the reporting period, the company had no preferred shares - During the reporting period, the company had no preferred shares[100](index=100&type=chunk) [Section VIII Information on Directors, Supervisors, and Senior Management](index=29&type=section&id=Section%20VIII%20Information%20on%20Directors%2C%20Supervisors%2C%20and%20Senior%20Management) [1. Changes in Shareholdings of Directors, Supervisors, and Senior Management](index=29&type=section&id=1.%20Changes%20in%20Shareholdings%20of%20Directors%2C%20Supervisors%2C%20and%20Senior%20Management) Chairman Shen Jieliang's shareholding remained at 686 million shares, while some other directors and senior management had minor shareholding changes, and 52.045 million restricted shares were held by incentive recipients Changes in Shareholdings of Directors, Supervisors, and Senior Management | Name | Position | Employment Status | Beginning of Period Shareholding (shares) | Shares Increased in Current Period (shares) | Shares Decreased in Current Period (shares) | End of Period Shareholding (shares) | Restricted Shares Granted at Beginning of Period (shares) | Restricted Shares Granted in Current Period (shares) | Restricted Shares Granted at End of Period (shares) | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Shen Jieliang | Chairman | Current | 685,821,524 | 0 | 0 | 685,821,524 | 0 | 0 | 0 | | Qian Kaiming | Director | Current | 11,910,000 | 20,000 | 0 | 11,930,000 | 11,750,000 | 0 | 11,750,000 | | Cheng Yonggang | Director, Chief Engineer | Current | 2,020,000 | 0 | 105,000 | 1,915,000 | 2,000,000 | 0 | 2,000,000 | | Chen Zexin | Supervisor | Current | 20,000 | 20,000 | 0 | 40,000 | 0 | 0 | 0 | | Xu Jianguo | Vice Chairman | Current | 4,500,000 | 0 | 0 | 4,540,000 | 4,500,000 | 0 | 4,500,000 | | Wang Feng | Director, Vice President | Current | 2,250,000 | 0 | 0 | 2,290,000 | 2,250,000 | 0 | 2,250,000 | | Gong Xudong | Director, Vice President | Current | 2,250,000 | 0 | 0 | 2,250,000 | 2,250,000 | 0 | 2,250,000 | | Liu Rong | Independent Director | Current | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Qian Xin | Independent Director | Current | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Zhao Fenggao | Independent Director | Current | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Hu Xueqing | Chairman of Supervisory Board | Current | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Yang Qinghua | Employee Supervisor | Current | 160,000 | 0 | 0 | 160,000 | 0 | 0 | 0 | | Xu Qiu | Board Secretary, Vice President (Finance) | Current | 3,500,000 | 0 | 0 | 3,500,000 | 3,500,000 | 0 | 3,500,000 | | Xu Wenjian | Vice President | Current | 2,020,000 | 0 | 0 | 2,020,000 | 2,000,000 | 0 | 2,000,000 | | Chen Zhibin | Former Independent Director | Resigned | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Total | -- | -- | 714,451,524 | 40,000 | 105,000 | 714,466,524 | 28,250,000 | 0 | 28,250,000 | [2. Changes in Company Directors, Supervisors, and Senior Management](index=29&type=section&id=2.%20Changes%20in%20Company%20Directors%2C%20Supervisors%2C%20and%20Senior%20Management) During the reporting period, Chen Zhibin resigned as an independent director, and Zhao Fenggao was elected as his successor, effective April 28, 2016 Changes in Directors, Supervisors, and Senior Management | Name | Position Held | Type | Date | Reason | | :--- | :--- | :--- | :--- | :--- | | Chen Zhibin | Independent Director | Resignation | 2016年04月28日 | Voluntary Resignation | | Zhao Fenggao | Independent Director | Election | 2016年04月28日 | Elected | [Section IX Financial Report](index=30&type=section&id=Section%20IX%20Financial%20Report) [1. Audit Report](index=30&type=section&id=1.%20Audit%20Report) The company's semi-annual financial report was not audited - The company's semi-annual financial report was not audited[106](index=106&type=chunk) [2. Financial Statements](index=30&type=section&id=2.%20Financial%20Statements) This section presents the company's H1 2016 consolidated and parent company financial statements, showing total consolidated assets of 6.498 billion yuan, liabilities of 4.157 billion yuan, and owners' equity of 2.341 billion yuan - Consolidated balance sheet shows total assets of **6,498.48 million yuan**, total liabilities of **4,157.14 million yuan**, and total owners' equity of **2,341.33 million yuan** at period-end[107](index=107&type=chunk)[110](index=110&type=chunk) - Consolidated income statement shows total operating revenue of **1,038.82 million yuan**, net profit of **131.31 million yuan**, and net profit attributable to parent company owners of **133.04 million yuan** for the current period[116](index=116&type=chunk)[118](index=118&type=chunk) - Consolidated cash flow statement shows net cash flow from operating activities of **114.70 million yuan**, net cash flow from investing activities of **-256.38 million yuan**, and net cash flow from financing activities of **118.59 million yuan**[122](index=122&type=chunk)[123](index=123&type=chunk) [1. Consolidated Balance Sheet](index=30&type=section&id=1.%20Consolidated%20Balance%20Sheet) As of June 30, 2016, consolidated total assets were 6.498 billion yuan, with 2.231 billion yuan in current assets and 4.157 billion yuan in total liabilities, including 2.912 billion yuan in current liabilities Consolidated Balance Sheet Key Data | Item | Period-End Balance (yuan) | Period-Beginning Balance (yuan) | | :--- | :--- | :--- | | Cash and Bank Balances | 521,387,609.21 | 804,138,468.92 | | Accounts Receivable | 900,147,788.09 | 673,437,853.03 | | Inventories | 346,157,918.06 | 351,616,823.15 | | Total Current Assets | 2,231,272,190.63 | 2,322,907,429.70 | | Fixed Assets | 3,493,834,808.70 | 2,985,057,489.02 | | Construction in Progress | 39,558,226.71 | 473,638,212.36 | | Total Non-Current Assets | 4,267,203,062.68 | 4,222,736,633.44 | | Total Assets | 6,498,475,253.31 | 6,545,644,063.14 | | Short-Term Borrowings | 769,000,000.00 | 720,000,000.00 | | Notes Payable | 372,519,779.42 | 600,408,657.56 | | Non-Current Liabilities Due Within One Year | 888,224,825.08 | 602,185,268.59 | | Total Current Liabilities | 2,911,964,461.52 | 2,992,061,455.21 | | Long-Term Borrowings | 1,018,131,400.13 | 892,201,356.31 | | Long-Term Payables | 173,802,254.39 | 418,180,088.12 | | Total Non-Current Liabilities | 1,245,180,161.76 | 1,366,007,147.83 | | Total Liabilities | 4,157,144,623.28 | 4,358,068,603.04 | | Share Capital | 1,324,350,000.00 | 662,175,000.00 | | Capital Reserves | 129,654,618.95 | 709,204,932.71 | | Total Owners' Equity Attributable to Parent Company | 2,286,135,642.47 | 2,126,901,528.47 | | Minority Interests | 55,194,987.56 | 60,673,931.63 | | Total Owners' Equity | 2,341,330,630.03 | 2,187,575,460.10 | | Total Liabilities and Owners' Equity | 6,498,475,253.31 | 6,545,644,063.14 | [2. Parent Company Balance Sheet](index=32&type=section&id=2.%20Parent%20Company%20Balance%20Sheet) As of June 30, 2016, the parent company's total assets were 2.992 billion yuan, with 1.116 billion yuan in current assets and 1.076 billion yuan in total liabilities, resulting in 1.916 billion yuan in owners' equity - Parent company's total assets were **2,991.61 million yuan**, total liabilities were **1,075.98 million yuan**, and total owners' equity was **1,915.63 million yuan**[113](index=113&type=chunk)[114](index=114&type=chunk) [3. Consolidated Income Statement](index=34&type=section&id=3.%20Consolidated%20Income%20Statement) In H1 2016, consolidated total operating revenue reached 1.039 billion yuan, a 14.56% increase, yielding 158 million yuan in operating profit and 133 million yuan in net profit attributable to the parent company - Current period's total operating revenue was **1,038.82 million yuan**, operating profit was **158.21 million yuan**, and net profit was **131.31 million yuan**[116](index=116&type=chunk)[118](index=118&type=chunk) - Net profit attributable to parent company owners was **133.04 million yuan**, and minority interest loss was **-1.74 million yuan**[118](index=118&type=chunk) - Financial expenses were **69.85 million yuan**, and income tax expenses were **28.57 million yuan**[117](index=117&type=chunk)[118](index=118&type=chunk) [4. Parent Company Income Statement](index=36&type=section&id=4.%20Parent%20Company%20Income%20Statement) In H1 2016, the parent company's operating revenue was 313 million yuan, with net profit significantly increasing to 49.26 million yuan, and operating profit reaching 61.83 million yuan - Current period's operating revenue was **312.69 million yuan**, and net profit was **49.26 million yuan**[118](index=118&type=chunk)[120](index=120&type=chunk) - Operating profit was **61.83 million yuan**, and investment income was **14.97 million yuan**[118](index=118&type=chunk) [5. Consolidated Cash Flow Statement](index=37&type=section&id=5.%20Consolidated%20Cash%20Flow%20Statement) In H1 2016, consolidated net cash flow from operating activities surged 279.78% to 115 million yuan, while investing activities resulted in a 256 million yuan outflow, and financing activities generated 119 million yuan in inflow - Net cash flow from operating activities was **114.70 million yuan**, a **279.78%** increase year-on-year[122](index=122&type=chunk)[30](index=30&type=chunk) - Net cash flow from investing activities was **-256.38 million yuan**, and net cash flow from financing activities was **118.59 million yuan**[123](index=123&type=chunk) - Net increase in cash and cash equivalents was **-23.07 million yuan**[124](index=124&type=chunk) [6. Parent Company Cash Flow Statement](index=39&type=section&id=6.%20Parent%20Company%20Cash%20Flow%20Statement) In H1 2016, the parent company's net cash flow from operating activities turned positive to 30.48 million yuan, with investing activities outflowing 76.48 million yuan and financing activities outflowing 60.36 million yuan - Net cash flow from operating activities was **30.49 million yuan**, compared to **-103.43 million yuan** in the same period last year[126](index=126&type=chunk) - Net cash flow from investing activities was **76.48 million yuan**, and net cash flow from financing activities was **-60.36 million yuan**[126](index=126&type=chunk)[127](index=127&type=chunk) - Net increase in cash and cash equivalents was **46.61 million yuan**[127](index=127&type=chunk) [7. Consolidated Statement of Changes in Owners' Equity](index=41&type=section&id=7.%20Consolidated%20Statement%20of%20Changes%20in%20Owners'%20Equity) In H1 2016, consolidated owners' equity increased by 154 million yuan, driven by a 662 million yuan increase in share capital from profit distribution and capital reserve conversion, offset by decreases in capital reserves and treasury stock - Total owners' equity increased by **153.76 million yuan** in the current period[129](index=129&type=chunk) - Share capital increased by **662.18 million yuan**, capital reserves decreased by **579.55 million yuan**, treasury stock decreased by **42.88 million yuan**, and undistributed profits increased by **33.72 million yuan**[129](index=129&type=chunk) [8. Parent Company Statement of Changes in Owners' Equity](index=44&type=section&id=8.%20Parent%20Company%20Statement%20of%20Changes%20in%20Owners'%20Equity) In H1 2016, parent company owners' equity increased by 75.44 million yuan, with share capital rising 662 million yuan from profit distribution and capital reserve conversion, while capital reserves and undistributed profits decreased - Total owners' equity increased by **75.44 million yuan** in the current period[139](index=139&type=chunk) - Share capital increased by **662.18 million yuan**, capital reserves decreased by **579.55 million yuan**, treasury stock decreased by **42.88 million yuan**, and undistributed profits decreased by **50.06 million yuan**[139](index=139&type=chunk) [3. Company Basic Information](index=47&type=section&id=3.%20Company%20Basic%20Information) Kuangda Technology, listed in 2010, had a total share capital of 1.324 billion shares as of June 30, 2016, operating automotive interior fabrics and new energy businesses through 42 subsidiaries - The company, formerly Jiangsu Kuangda Automotive Fabric Group Co., Ltd., was reorganized into a joint-stock company on **December 18, 2007**, and approved by the China Securities Regulatory Commission for its initial public offering on **November 12, 2010**, listing on the Shenzhen Stock Exchange on **December 7, 2010**[149](index=149&type=chunk)[150](index=150&type=chunk) - As of **June 30, 2016**, the company's total share capital was **1,324.35 million shares**[151](index=151&type=chunk) - The company has **42 subsidiaries** (including second-tier and third-tier subsidiaries), primarily operating in the automotive interior fabric and power segments[152](index=152&type=chunk)[153](index=153&type=chunk) [4. Basis of Financial Statement Preparation](index=48&type=section&id=4.%20Basis%20of%20Financial%20Statement%20Preparation) These financial statements are prepared in accordance with Chinese Accounting Standards and CSRC rules, presented on a going concern basis - These financial statements are prepared in accordance with the Accounting Standards for Business Enterprises issued by the Ministry of Finance, their application guidelines, interpretations, and other relevant regulations[156](index=156&type=chunk) - The Group also discloses relevant financial information in accordance with the 'Information Disclosure Rules for Companies Issuing Securities to the Public No. 15 - General Provisions for Financial Reports (Revised 2014)' of the China Securities Regulatory Commission[156](index=156&type=chunk) - These financial statements are presented on a going concern basis[157](index=157&type=chunk) [5. Significant Accounting Policies and Estimates](index=48&type=section&id=5.%20Significant%20Accounting%20Policies%20and%20Estimates) This section outlines the company's key accounting policies and estimates, including business combinations, financial instruments, bad debt provisions, fixed asset depreciation, and revenue recognition, ensuring true and complete financial reporting - These financial statements comply with the requirements of the Accounting Standards for Business Enterprises, truly and completely reflecting the consolidated and company financial position as of **June 30, 2016**, and the consolidated and company operating results and cash flows for **January-June 2016**, and other relevant information[159](index=159&type=chunk) - The Group's accounting period adopts the calendar year, from **January 1 to December 31** each year, and this interim period refers to **January-June 2016**[160](index=160&type=chunk)[162](index=162&type=chunk) - The Group's operating cycle is **12 months**, and the company and its domestic subsidiaries use RMB as their functional currency[163](index=163&type=chunk)[164](index=164&type=chunk) - The company adopts a combination of specific identification for individually significant doubtful accounts and collective provision for doubtful accounts based on credit risk characteristics (aging analysis method and deposit combination method) for receivables[216](index=216&type=chunk)[217](index=217&type=chunk) - Depreciation of fixed assets is calculated using the straight-line method, with depreciation periods of **20 years** for buildings, **10-20 years** for machinery and equipment, and **5 years** for transportation equipment, electronic equipment, and others[236](index=236&type=chunk) - Revenue recognition principles include sales of goods (transfer of risks and rewards), rendering of services (percentage-of-completion method), and transfer of asset use rights. Specific methods include sales of automotive textiles, electricity sales, and agricultural and livestock product sales[289](index=289&type=chunk)[290](index=290&type=chunk) [6. Taxation](index=65&type=section&id=6.%20Taxation) The company's main taxes include VAT (17%) and Corporate Income Tax (25%), with the company and some photovoltaic subsidiaries enjoying preferential tax rates, such as 15% for high-tech enterprises or Western Development projects Main Tax Categories and Rates | Tax Category | Tax Base | Tax Rate | | :--- | :--- | :--- | | Value-Added Tax | Taxable Income | 17% | | Business Tax | Taxable Income | 5% | | Urban Maintenance and Construction Tax | Amount of Turnover Tax Payable | 7% | | Corporate Income Tax | Taxable Income | 25% | - The company was recognized as a high-tech enterprise in the first batch of Jiangsu Province for **2015**, enjoying a **15%** corporate income tax preferential rate for **three years** starting from **2015**[303](index=303&type=chunk) - Qinghai Linuo Company is a key state-supported public infrastructure project, enjoying "three-year exemption, three-year half reduction" corporate income tax preferential treatment, and a reduced tax rate of **15%**[303](index=303&type=chunk) - Shuyang Guoxin, Shidian Guoxin, Shidian Kuangda, Wenquan Guosheng, Fuyun Guolian, Xinzhou Taike, Xinsheng Guangdian, Yulin Kuangda, Tonghai Kuangda, Ruoqiang Guoxin, and other photovoltaic energy subsidiaries all enjoy corporate income tax exemptions or reductions for different periods[304](index=304&type=chunk)[305](index=305&type=chunk)[306](index=306&type=chunk)[307](index=307&type=chunk) [7. Notes to Consolidated Financial Statement Items](index=66&type=section&id=7.%20Notes%20to%20Consolidated%20Financial%20Statement%20Items) Consolidated financial notes detail 521 million yuan in cash (279 million yuan restricted), 900 million yuan in accounts receivable (80.62 million yuan bad debt provision), 3.494 billion yuan in fixed assets, 203 million yuan in goodwill, 769 million yuan in short-term borrowings, and a 100% increase in share capital - Cash and bank balances at period-end were **521.39 million yuan**, of which other cash and bank balances of **278.59 million yuan** were bill and equipment deposits[309](index=309&type=chunk) - Accounts receivable at period-end had a book value of **900.15 million yuan**, with a bad debt provision of **80.62 million yuan**, mainly due to increased energy subsidy receivables[319](index=319&type=chunk)[30](index=30&type=chunk) - Fixed assets at period-end had a book value of **3,493.83 million yuan**, and construction in progress at period-end had a book value of **39.56 million yuan**[351](index=351&type=chunk)[359](index=359&type=chunk) - Goodwill had a carrying amount of **202.82 million yuan**, with no impairment signs after impairment testing[374](index=374&type=chunk)[375](index=375&type=chunk)[376](index=376&type=chunk) - Short-term borrowings at period-end were **769.00 million yuan**, and long-term borrowings at period-end were **1,018.13 million yuan**[384](index=384&type=chunk)[411](index=411&type=chunk) - Share capital at period-end was **1,324.35 million yuan**, a **100%** increase from the beginning of the period, mainly due to 2015 profit distribution and capital reserve conversion[423](index=423&type=chunk) - Assets with restricted ownership or use rights totaled **3,247.63 million yuan**, primarily including cash and bank balances, notes receivable, fixed assets, intangible assets, accounts receivable, and equity investments in subsidiaries[482](index=482&type=chunk) [8. Changes in Consolidation Scope](index=98&type=section&id=8.%20Changes%20in%20Consolidation%20Scope) The company's consolidation scope changed due to the establishment of new wholly-owned subsidiaries by Kuangda Trim and Kuangda New Energy, restructuring the fabric division and developing photovoltaic projects - On **January 25, 2016**, Kuangda Trim invested **100 million yuan** each to wholly establish Kuangda Fiber Technology Co., Ltd., Changzhou Kuangda Weaving Fabric Co., Ltd., and Changzhou Kuangda Knitting Textile Co., Ltd., becoming second-tier wholly-owned subsidiaries of the company[486](index=486&type=chunk) - On **March 18, 2016**, Kuangda New Energy invested **5 million yuan** to wholly establish Fuxin Kuangda Photovoltaic Power Co., Ltd., becoming a second-tier wholly-owned subsidiary of the company[487](index=487&type=chunk) [9. Interests in Other Entities](index=99&type=section&id=9.%20Interests%20in%20Other%20Entities) The company holds interests in 42 subsidiaries, primarily in automotive textiles and new energy, with Shanghai Kuangda Canopy being a significant non-wholly-owned entity with a minority interest loss of -0.82 million yuan - The company owns **42 subsidiaries**, including automotive textile and new energy businesses, most of which are wholly-owned or acquired[153](index=153&type=chunk)[154](index=154&type=chunk)[489](index=489&type=chunk)[490](index=490&type=chunk) Financial Information of Significant Non-Wholly-Owned Subsidiaries | Subsidiary Name | Minority Shareholding Percentage | Current Period Loss Attributable to Minority Shareholders (yuan) | Current Period Dividends Declared to Minority Shareholders (yuan) | Period-End Minority Shareholder Equity Balance (yuan) | | :--- | :--- | :--- | :--- | :--- | | Shanghai Kuangda Canopy | 20.00% | -819,918.14 | 3,741,508.62 | 7,775,498.17 | - Shanghai Kuangda Canopy's operating revenue for the current period was **224.54 million yuan**, and net profit was **-4.10 million yuan**[494](index=494&type=chunk) [10. Risks Related to Financial Instruments](index=101&type=section&id=10.%20Risks%20Related%20to%20Financial%20Instruments) The company manages market, credit, and liquidity risks through credit assessments, cash management, and capital structure monitoring, with a period-end debt-to-asset ratio of 63.97% - The Group's financial instruments primarily lead to market risk, credit risk, and

旷达科技集团股份有限公司 2016 年第一季度报告正文 证券代码：002516 证券简称：旷达科技 公告编号：2016-057 旷达科技集团股份有限公司 2016 年第一季度报告正文 2016 年 04 月 1 旷达科技集团股份有限公司 2016 年第一季度报告正文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人沈介良、主管会计工作负责人徐秋及会计机构负责人(会计主管人员)吴娟声 明：保证季度报告中财务报表的真实、准确、完整。 2 旷达科技集团股份有限公司 2016 年第一季度报告正文 第二节 主要财务数据及股东变化 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 432,632,925.68 | 384,433,388.22 | ...